First Look Inside The Newly Revealed FAENA Residences Miami

FAENA Residences Miami is set to launch sales later this month starting at $1.3 million and has revealed new renderings highlighting the ultra-luxury plans for the groundbreaking residential project aimed at redefining riverfront living in the city. FAENA Residences Miami not only marks a significant milestone for the Faena brand but also catalyzes the transformation of the Miami Riverfront into a vibrant, walkable cultural hub surrounded by over $25 billion in real estate investments with 10,000 residential units either planned or under construction. FAENA Residences Miami is developed by Fortune International Group, led by Edgardo Defortuna, and KAR Properties, led by Shahab Karmely, and will be located at 90 SW 3rd Street.

Comprising 434 condominiums across two 60-story towers, units will range from 700 to 3,300 square feet, with prices starting at $1.3 million and reaching up to approximately $10 million for premium options. More expensive residences will be released in the future. Spanning 45,000 square feet, the development includes cultural programming, performance spaces, and wellness facilities within a dramatic sky bridge. This innovative approach aligns with Miami’s growing emphasis on community engagement and artistic experiences, providing spaces for both residents and visitors.

Architecturally designed by renowned Rafael Viñoly Architects, this sculptural tower embodies Viñoly's legacy and promises to become a key feature of Miami's skyline. The project's modern aesthetic harmonizes with elements that celebrate the dynamic environment of the Miami River. Interiors, crafted by Faena Design Studio and London’s Bryan O’Sullivan Studio, reflect Faena’s signature style with muted red tones, rich textures, and theatrical accents, catering to luxury buyers seeking a refined residential experience in tune with the energetic spirit of Miami.

The Faena District Miami River will encompass high-end residences, curated cultural spaces, wellness facilities, and public art initiatives that enhance the city’s cultural fabric. By reinforcing connections to the established Faena District in Miami Beach, FAENA Residences is strategically positioned to attract discerning clientele interested in a cosmopolitan lifestyle steeped in luxury. With sales anticipated to commence later this month, this landmark development promises to define Miami’s skyline and lifestyle narrative in the years ahead.

Renderings via Binyan Studios

For more information about FAENA RESIDENCES MIAMI or to inquire about purchasing a unit please fill out the form below:

Legendary Italian DJ Marco Carola Lists Unit In Aston Martin Residences For $6.33 Million

Marco Carola, a renowned Italian DJ, producer, and label owner’s unit at the Aston Martin Residences just hit the market for $6.33 million. Carola is widely recognized as a global ambassador of techno, instrumental in shaping the Neapolitan electronic music scene. He has collaborated with Carl Cox, Richie Hawtin, Sven Väth, Adam Beyer and several others in the DJ industry. His set’s pull in millions of views and he often plays at famous Ibiza clubs as well as clubs and festivals in Miami and across the world.

The high-rise condo located on the Miami River in Downtown Miami, offers an expansive 3,536-square feet of meticulously designed space. The residence features four spacious bedrooms, 5.5 bathrooms, and is being sold fully furnished by Minotti. Other features include soaring ceilings, a south-facing terrace, wine storage and more. Located on the 31st floor, the unit includes two assigned parking spaces.

Residents of Aston Martin Residences enjoy access to 42,275-square feet of amenities spread across four levels, including a heated pool, hot tub, sauna, barbecue area, and a state-of-the-art gym with a putting green. The building also features a superyacht marina, on-site doorman, valet chauffeurs for drop-off service, and concierge-arranged luxury transportation.

“This building is a true architectural icon along the South Florida skyline that set a new standard for luxury living on one of the last parcels of Miami’s waterfront. The seller was immediately drawn to the panoramic waterfront views, incredible design detail, and the prestige of the Aston Martin brand. This space is a home away from home for him, with every amenity imaginable including a super-yacht marina.” - Carlo Dipasquale of Compass.

Aston Martin Residences Unit 3104, 300 Biscayne Blvd Way, is listed for $6.33 million by Carlo Dipasquale of Compass.

Residence images via Miami Real Estate Photographers / Building image via Aston Martin Residences

Villa Miami Completes Concrete Pour On Landmark Waterfront Tower in Edgewater

Marking a significant milestone for one of Miami’s most anticipated residential towers, Villa Miami completed its concrete foundation pour on May 9. Moss Construction led the 14-hour pour that involved more than 3,400 cubic yards of concrete and 2,095 tons of steel to form the tower’s foundation, further accelerating momentum on the 650-foot waterfront landmark rising in Miami’s Edgewater neighborhood, on track for delivery in 2027. Construction on the tower is advancing swiftly with the concrete pour being completed four weeks ahead of schedule.

“The strength of today’s luxury market is defined by discernment as buyers are seeking more than just a home,” said David Martin, CEO of Terra. “The pace of progress at Villa Miami speaks volumes about the demand for a truly differentiated product and the strength of Miami’s real estate fundamentals. This milestone marks the beginning of a tower that will reshape the Edgewater skyline and redefine luxury living in Miami.”

The copper-clad, 56-story tower introduces a limited collection of just 70 half- and full-floor residences, offering a residential experience defined by world-class service, design and culinary excellence. Villa Miami is the first-ever residential tower branded by the globally celebrated Major Food Group and marks the inaugural collaboration between Miami legacy developer David Martin’s Terra and One Thousand Group.

“This concrete pour marks the moment Villa Miami shifts from vision to vertical reality,” said Kevin Venger, Co-Founder of One Thousand Group. “We’re building a legacy with a team that is pushing the boundaries of design and delivering at the highest standard, from the ground up.”

The pour recruited 43 concrete trucks, operating in a coordinated rotation throughout the day. Structural work is being led by Moss Construction, with architectural design spearheaded by ODP Architects under the leadership of Kurt Dannwolf. Villa Miami is distinguished by its striking copper-colored exoskeleton—an architectural statement conceived by ODP and engineered by global structural design firm DeSimone.

Located at 710 NE 29th Street, Villa Miami broke ground in December 2024 and secured a $285 million construction loan provided by TYKO Capital, a commercial real estate private equity and credit platform backed by Elliott Investment Management and led by Adi Chugh.

While construction continues, the project has already drawn significant buyer interest. With residences starting at $5.5 million and ranging from 3,000 to over 6,000 square feet, Villa Miami’s full- and half-floor homes cater to discerning buyers looking for estate-style residences in the sky with round-the-clock service and programming.

Villa Miami’s interiors are curated by Vicky Charles of Charles & Co., with landscaping by Enzo Enea. The tower’s private amenity suite, known as the Copper Club, spans multiple floors and is exclusively curated by Major Food Group to offer a high-touch, members-only experience.

The tower’s development team is behind some of Miami’s most iconic residential towers. Terra, led by David Martin, recently delivered Five Park Miami Beach and Mr. C Residences Coconut Grove. One Thousand Group’s portfolio includes the Zaha Hadid-designed One Thousand Museum tower and the firm recently acquired a nearby Edgewater site for a Kohn Pedersen Fox-designed project.

Renderings via Binyan Studios

For more information about Villa Miami Residences or to inquire about purchasing a unit please fill out the form below:

Check Out Sabal Development's Newly Revealed Tropical Modern Coconut Grove Spec Home Asking $24.9 Million

Sabal Development and Sabal Luxury Builder, led by Pascal Nicolai, have revealed their newly listed tropical modern spec home asking asking $24,900,000 in the hot of Miami’s hot Coconut Grove neighborhood. The 8,833 SF home offers 6 bedrooms and 8 bathrooms on a .84 acre lot. The contemporary masterpiece features soaring ceilings and light-filled interiors, every room offers a sense of spaciousness and elegance. The seamless flow from the indoors to the expansive outdoor living area creates an entertainer’s dream—complete with a covered summer kitchen and a tropical heated pool and spa, surrounded by the lush greenery of nature’s finest backdrop. Featuring a private guest house, a fully equipped gym, a movie theater, and an outdoor kitchen cabana. Blending luxury, comfort, and nature, this one-of-a-kind Coconut Grove home has everything you need to entertain in stye.

4040 Kiaora St, Miami, FL 33133 is listed for $24,900,000 with Lourdes Alatriste of Douglas Elliman.

Images via Sabal Development

The Allen Morris Company Reveals Lavish Ponce Park Residences Sales Gallery In Coral Gables

The Allen Morris Company has revealed the lavish, newly opened sales gallery for Ponce Park Residences, an ultra-luxury condominium coming to Downtown Coral Gables. The sales gallery highlights the incredible Meyer Davis-designed interiors, offering prospective buyers an exclusive look at the residences and amenities. The sales center itself adds value to Coral Gables, showcasing the lush landscape design by Naturalficial which will be featured not only on the Ponce Park Residences property, but also as part of a $2 million upgrade and improvement commitment by The Allen Morris Company to redevelop the adjacent Ponce Circle Park for the public to enjoy.

The Allen Morris Company, one of the most renown real estate firms in the Southeast U.S., launched the sales of Ponce Park Residences earlier this year. Ponce Park Residences is an ultra-luxury mixed-use, one-of-a-kind boutique condominium community featuring 58 two- to five-bedroom residences. Residences will range in size from 1,900 sq ft to 6,500 sq ft for penthouse residences, and will offer oversized 11’ deep balconies each appointed with a fully loaded Summer Kitchen. Complementing Ponce Park’s residential offerings is a full-service Sky Bar, artisanal café, doorman service and an adjacent Michelin Star restaurant. ONE Sotheby’s International Realty oversees sales which start at $2.4 million.

Located at 3000 Ponce de Leon Blvd., at the intersection of Ponce de Leon Blvd. and University Drive, the eleven-story, 58-residence boutique enclave will also feature 30,000 sq ft of amenities including rooftop pools, jacuzzi, a fully appointed spa, and a fully staffed rooftop bar for residents. The program also includes 25,000 square feet of curated ground floor retail, including a world-renown restaurant that will anchor the project, all a few minutes’ walk from the famed Miracle Mile.

To be located directly adjacent to Ponce Circle Park, the Allen Morris Company will contribute $2 million to help support enhancements and upgrades at the public park which will benefit all Coral Gables residents.

Designed by the globally acclaimed John Cunningham of Zyscovich Architects, with interiors by New York-based Meyer Davis, Ponce Park’s design pays homage to the City’s rich Mediterranean influence, while integrating contemporary elements and every imaginable amenity. Construction is scheduled to begin Q4 2025, with a late 2027 completion date.

“Ponce Park will become a building of timeless elegance”, says W. A. Spencer Morris, President of the Allen Morris Company. “The structure is clad in the finest natural stones, with Venetian plaster accents and custom artisanal metal and wood details throughout, it is truly in a category of its own.”

Ponce Park’s location is truly distinct, set among the pristinely landscaped streets of Coral Gables, the building will be perfectly European, with its interiors designed and curated by the acclaimed New York-based Meyer Davis. Timeless elegance will be Ponce Park’s legacy. Beyond the adjacent Ponce Circle Park, residents will enjoy private serene outdoor retreat areas within the property through thoughtfully designed landscaping.

Additional features of the bespoke residences include 11’-12’ ceilings, private elevators, chef-grade kitchens, Italian wood cabinetry, double waterfall Italian stone countertops and premium appliances, including Sub-Zero, Wolf, and La Cornue. Ponce Park’s smart home technology and cutting-edge automation will be unparalleled, melding artistry with innovation.

“Ponce Park is an iconic expression that will become the new Southern Gateway to Coral Gables. The artful composition, massing detailing, and refined materiality of the building will make it a celebrated and cherished landmark for generations to come,” said John A. Cunningham, Managing Director, of Zyscovich Architects.

“Our vision for Ponce Park was to craft a space that honors the essence of Coral Gables—its lush landscapes, timeless elegance, and vibrant community. Working with a developer who shares our passion for creating timeless, harmonious spaces, we have designed a destination where lush greenery, European-inspired details, and inviting pathways to come together to celebrate community, history, and the art of living beautifully,” adds Nancy Santorelli, Managing Director, Meyer Davis.

Images via Allen Morris Company

For more information about Ponce Park Residences or to inquire about purchasing a unit please fill out the form below:

The Residences at Mandarin Oriental, Miami Hits $1 Billion In Sales at 50% Sold

The Residences at Mandarin Oriental, Miami, being developed by Swire Properties and designed by Kohn Pedersen Fox (KPF), has hit $1 billion in sales, with the South Tower now 50% sold, after launching sales last year. The Residences have seen impressive buyer response from across the globe and underscores the appeal of this one-of-a-kind offering, set on the last developable site of Miami’s prestigious Brickell Key.

Swire Properties is also giving a first look at the forthcoming Mandarin Oriental, Miami hotel, soon to become the renowned hospitality brand’s new North American flagship. The hotel will be situated in the North Tower of the development and will also feature additional Residences for sale, which will be launched later this year. The property will feature 100,000 square feet of world-class amenities spread across a lushly landscaped, multi-tiered resort-style podium, with landscapes by Thai firm Shma.

The Residences at Mandarin Oriental, Miami, combines world-class design with the legendary service of Mandarin Oriental Hotel Group and offers the final opportunity to own new development on Miami’s exclusive Brickell Key. The Residences comprise two towers designed by Kohn Pedersen Fox (KPF).

The South Tower, featuring 228 residences, includes interiors envisioned by renowned Parisian Tristan Auer. The Residences’ North Tower will house Mandarin Oriental's new North American flagship hotel along with an additional 66 private and 28 hotel residences. Fortune Development Sales is the exclusive sales and marketing agent for The Residences. Pricing for current availability starts at $4,900,000 with an anticipated completion date of 2030.

Renderings via Binyan Studios

For more information about The Residences at Mandarin Oriental, Miami or to inquire about purchasing a unit please fill out the form below:

Royal Caribbean Chairman Lists Lavish Coral Gables Estate For $42 Million in 'Gables Estates'

A rare piece of Miami’s architectural and waterfront history has just hit the market for $42 million. Owned by Royal Caribbean Group Chairman and former CEO Richard Fain, 700 Arvida Pkwy is making its debut on the market after more than 35 years, offering an extraordinary opportunity in the prestigious Gables Estates enclave. Designed by architect Dan Roban, a disciple of Frank Lloyd Wright, the 7-bedroom, 10,840-square-foot estate spans over 2.25 acres and blends timeless tropical modernism with striking natural elements like textured coral rock, exposed wood beams, and expansive skylights. The seamless integration of indoor and outdoor spaces captures the essence of Miami living, with sweeping views, 130 feet of waterfrontage, a private dock and boat lift, and lush landscaping that frames every room. With direct access to Biscayne Bay and the Atlantic Ocean, this estate is a masterclass in privacy, scale, and enduring design, an iconic home that reflects the character of its historic surroundings while delivering every modern luxury. 700 Arvida Pkwy, Coral Gables, FL 33156 is listed for $42,000,000 with Bea and Jenna Citron of Compass.

Images via Christian Santiago

La Gorce Island Estate Known As 'OKTO' With 260' Of Waterfront Sells For Record $75 Million

The lavish La Gorce Island mega-mansion, known as “OKTO” – marked by 260 feet of jaw-dropping waterfrontage – has sold for $75 million. Located on Miami Beach’s exclusive La Gorce Island gated community, the property went under contract just two weeks after it was listed with Nelson Gonzalez, Senior Vice President and top-producer at Berkshire Hathaway HomeServices (BHHS) EWM Realty.

Located at 88 La Gorce Circle, the two-story estate – the collaborative vision of revered developer Todd Michael Glaser and architect Carlos Prio-Touzet – garnered the highest price ever paid for a single-family home in the guard-gated island enclave. It is additionally the second-most expensive single-family home sale to date for the City of Miami Beach. Neither the buyer nor seller was disclosed.

“Even among the extraordinary estates of La Gorce Island, OKTO has been a standout, as evidenced by how quickly it went under contract,” said Gonzalez. “The property’s prime and exclusive location, singular design, and monumental size have made it truly unique, and we knew how to effectively market those attributes to the most discerning buyers.”

The contemporary, resort-style retreat features nine bedrooms, 12 and three half-baths and wide views of the Bay and Intracoastal Waterway. Well-sited on a verdant, 1.1-acre lot (48,027 square feet), the residence is also known as one of the community’s largest single-family offerings.

In addition to a grand entrance that opens to a 100-foot-long living room with soaring ceilings, distinct architectural details throughout the mansion include a Guggenheim-inspired staircase, fine finishes, spectacular custom lighting, and floor-to-ceiling walls of glass. A chef’s kitchen, formal dining room, and gym complete the first floor, while an entertainment room, opulent primary suite with a sprawling closet and deluxe bath, and a wide terrace are well-appointed on the second level. Additional amenities include an elevator, two stately docks, a 100-foot pool overlooking the water, and a rooftop space for year-round entertaining and respite. There is also a guesthouse, five-car garage, and a two-bedroom staff quarters.

“It was a privilege to have facilitated this record transaction in only two weeks,” continued Nelson Gonzalez. “In 2021, we listed the property at $38.5 million and received two offers quickly, but the seller wasn’t ready to sell, so we took it off the market. Now, just four years later, we’ve sold it -- impressively for double that price. It is a true testament to the growth of the market and sustained strong demand for unique, ultra-luxury properties in Miami Beach. That plus our proven track record for successfully implementing strategic launches and hyper-targeted marketing of residences of this caliber continue to result in win-wins for buyers and sellers.”

The La Gorce Island enclave – marked by towering Royal Palms at its entrance and magnificent water views – is one of the most sought-after gated communities in the area. It has long been a haven for high-profile celebrities, including such famed past residents as Cher and Billy Joel. The enclave is minutes from the renowned La Gorce Country Club and golf course, Lincoln Road, Bal Harbour Shops, and is approximately 20 minutes from Miami International Airport. It is also well-protected by 24-hour roving security, including a patrol boat that circles the island each night.

Images via Luxhunters Productions

North Bay Road Lot With 150' Of Waterfront Trades For $22.85 Million

One of the largest waterfront parcels in the prestigious estate section on Miami Beach’s North Bay Road just sold for $22,850,000 in a landmark transaction. Located at 5840 North Bay Road in Miami Beach, the vacant waterfront lot offers 150’ of unobstructed bayfront views, direct Miami skyline views, and a potential for a multi-structure legacy estate of up to 13,587 SF. Per public record the seller was Land Trust Services Corp TRS Trust NO 5840NBR. Cyril Matz with Douglas Elliman represented the buyer and Zachary Vichinsky with Bespoke Real Estate & Jill Hertzberg at Coldwell Banker Realty had the listing.

Image via Become Legendary

Check Out The Highest Duplex In Aston Martin Residences Asking $12.2 Million Complete With An Aston Martin DBX

Sky Villa 5002, the highest duplex at Miami’s Aston Martin Residences, a home straight out of a James Bond film, has hit the market for $12.2 million, complete with a brand-new Aston Martin DBX. As one of only three duplexes in the building, and the highest of those three, this glass-wrapped sanctuary is as rare as it is breathtaking. The nearly 5,000-square-foot duplex with double-height ceilings, floor-to-ceiling glass, offers uninterrupted views of Biscayne Bay and the Brickell skyline. Designed for seamless indoor-outdoor living, the residence features two expansive terraces that redefine waterfront elegance.

Staged by Interior Marketing Group, the design softens the sleek, glass-wrapped architecture with an interplay of tones, textures, and sculptural statement pieces. A neutral palette creates effortless sophistication, while organic materials—including stone, wood, and woven accents—introduce warmth and balance. Throughout the home, the fusion of clean lines and organic silhouettes transforms this Sky Villa into a move-in-ready, turnkey retreat.

Aston Martin Residences Sky Villa 5002, 300 Biscayne Boulevard, Way is listed for $12.2 million with Jordan Lederman, Esq. with Fortune Christie's International Real Estate.

Images via Interior Marketing Group